Germany added 35% more electric car charge points in 2022, says BDEW
FRANKFURT (Reuters) – The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of in..
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GSK bets $2 billion on Bellus cough drug to soothe pipeline fears
By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash ..
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UK unemployment edges up but pay growth beats forecasts
By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpectedly in the three months to February but pay growt..
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Takeover-target THG misses downgraded 2022 earnings guidance
LONDON (Reuters) – THG, the online retail platform that said on Monday it had received an approach, missed its downgraded expec..
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UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credi..
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Ericsson’s quarterly core profit misses expectations
STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom cust..
Business
Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery w..
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Manchester United tanks on report Glazers may avoid sale with new investment
(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing ..
Finance
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to..
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EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to fi..
Technology
Britain seeks to boost banking services from fintechs
By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Monday they would set up a new body over the next ..
News
Analysis-Rocket startups face adapt-or-die moment amid investment drought
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are t..
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Banking stability worries go behind closed doors at IMF-World Bank meetings
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, t..
Finance
Dollar hits one-month high against yen as traders bet on Fed rate hike
By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eye..
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Agnellis’ Exor eyes further healthcare investment for expansion
By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to ex..
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Shareholder group ISS backs Barclays board over former CEO Staley
By Sinead Cruise LONDON (Reuters) -Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board mem..
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Sega Sammy says it is considering buying Angry Birds maker Rovio
TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Enter..
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Volkswagen to partner on Indonesia EV battery ecosystem -minister
JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner V..
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Australian court approves BHP’s $6.4 billion OZ Minerals takeover
(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Australia had approved its A$9.6 billion ($6.44 bill..
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At China’s largest trade fair, exporters worry about world economy
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade..
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France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margi..
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Soccer-Jittery Arsenal losing their grip with summit in sight
By Martyn Herman LONDON (Reuters) -Even when Arsenal were building a daunting lead at the top of the Premier League and excitement wa..
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Bootmaker Dr Martens warns on profit as finance chief walks
By Prerna Bedi (Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expec..
Business
Oil heads for weekly rise after IEA predicts record demand
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Friday and headed for a fourth straight week of gains after the West’..
News
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (E..
Technology
No evidence yet showing which animal COVID may have come from, says former head of China CDC
(Refiles to fix typo on first paragraph) LONDON (Reuters) – There is no evidence yet showing which animal the COVID-causing vir..
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EU moves to clarify ‘sustainable’ investments after fund downgrades
LONDON (Reuters) – The European Union’s executive body sought on Friday to clarify how investment products can be sold as ..
Innovation
European privacy watchdog creates ChatGPT task force
By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a ..
Technology
US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish r..
News
Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leathe..
Business
Bank of England fines former TSB executive over 2018 IT failure
LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s former chief information officer Carlos Abarca 8..
News
Stocks and gold cheer U.S. inflation picture, while dollar slides
By Amanda Cooper LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation dat..
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India opens new investigation into BBC in widening crackdown
By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations..
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Schneider and GreenYellow target smaller businesses with energy saving technology
By America Hernandez PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target small- and medium-sized Eur..
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Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the doo..
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday ..
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